Ethereum

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Bitcoin was trading lower in today’s session, as it was revealed that Tesla had sold 75% of its holdings in the cryptocurrency. The news comes following the company’s Q2 earnings call, where they confirmed converting the token into fiat currency. Ethereum was also lower on the news. Bitcoin Following a recent run of gains, bitcoin (BTC) fell lower in today’s session, after it was revealed that Tesla had sold 75% of its holdings in the token. Tesla stated that, “As of the end… Source link

In brief An Ethereum Name Service (ENS) domain sold for over $150,000 worth of ETH today in an apparent joke gone wrong. The buyer, who had previously been the seller, said that he forgot to cancel his own 100 ETH “joke” bid on the NFT. Ethereum Name Service (ENS) names—effectively, domain names that point to crypto wallet addresses—are gaining value as desirable names sold as NFTs trade hands. But today, a noted NFT collector is down over $150,000 worth of ETH after a “joke”… Source link

Decided Ethereum is a good investment right now? You can buy some at some of the best exchanges like Gemini, Robinhood and WeBull. Ethereum is the second-largest cryptocurrency in the world and for good reason. It was the first general-purpose blockchain, launched in 2015. Think of a general-purpose blockchain as a decentralized computer running on hardware all over the world. It enables all the most exciting fields in Web3. It is so popular that it seems like every single crypto… Source link

With the transition to a scalable, energy-light proof-of-stake blockchain at play for Ethereum, many have cast doubts on the popular coin’s future, given the magnitude and complexity of the Merge upgrade. But, among prominent stakeholders, one particular project remains heavily bullish on Ethereum’s future, which is none other than layer-two scaling solution Polygon. At the annual Ethereum Community Conference in Paris, Cointelegraph’s events manager, Maria A., spoke to Polygon’s vice… Source link

Griff Green, founder of decentralized charity platform Giveth, argued the state justifies its negatives (surveillance, overtaxation, etc.) with its positives (roads, parks, etc.). Crypto’s hyperregen tactic is to wither away the state’s stranglehold on the positives until all that is left is the negative, undercutting any justification for the existence of the state at all. Source link

Web3 infrastructure provider Polygon today announced the launch of Polygon zkEVM (zero-knowledge Ethereum Virtual Machine), which is said to be the “first” Ethereum-compatible scaling solution that uses the cryptographic method called zero-knowledge proofs. Previously known as Matic Network, Polygon is an interoperability and scaling protocol for launching Ethereum-compatible blockchains. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types… Source link

Figment, the blockchain infrastructure company, announced today that it will support Ethereum validators in their pursuit of MEV once the network moves to proof of stake.  MEV, or “maximal extractable value,” refers to the process by which individuals who create new ETH can further profit by manipulating their control over the network and prioritizing certain users’ transactions.  Clayton Menzel, head of protocols and opportunities for the company, wrote that Figment plans to… Source link

Share to Facebook Share to Twitter Share to Linkedin Bitcoin BTC has risen above $23,000 since its June low, and traders are beginning to believe that the bear market is over. Ether ETH eum, on the other hand, has outperformed Bitcoin, rising above $1,500 since the June low. What are the fundamentals indicating? BANGKOK, THAILAND – MAY 14: A woman poses with a Bitcoin mascot during the Thailand Crypto Expo 2022 … [+] on May 14, 2022 in Bangkok, Thailand…. Source link

As Ethereum regains lost ground in the crypto bear market, so too are some of its biggest competitors. Solana, Avalanche, Algorand, Polkadot, and Cardano—sometimes referred to as “Ethereum killers” because they offer similar features to the leading smart-contract network but at significantly lower costs—are climbing.  Solana’s native cryptocurrency SOL is up 11% in the past 24 hours and has spiked 36% in the past week, per CoinMarketCap data. Avalanche has also seen massive gains,… Source link